Q2 EPS Estimates for J. M. Smucker Reduced by William Blair

Key Points

• William Blair has lowered its Q2 2026 EPS estimate for J. M. Smucker to $2.07 from $2.38, impacting the company's forecast in the competitive food market.
• J. M. Smucker recently increased its quarterly dividend to $1.10 per share, reflecting a notable annualized dividend yield of 4.0%.
• The consensus price target for J. M. Smucker's stock is set at $118.00, with ratings including one "Strong Buy", eight "Buy", and six "Hold" from various analysts.

The J. M. Smucker Company (NYSE:SJM - Free Report) - Investment analysts at William Blair dropped their Q2 2026 earnings per share estimates for shares of J. M. Smucker in a research report issued to clients and investors on Monday, September 1st. William Blair analyst J. Andersen now forecasts that the company will post earnings of $2.07 per share for the quarter, down from their prior forecast of $2.38. The consensus estimate for J. M. Smucker's current full-year earnings is $9.88 per share. William Blair also issued estimates for J. M. Smucker's Q4 2026 earnings at $2.77 EPS.

J. M. Smucker (NYSE:SJM - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $1.90 EPS for the quarter, missing analysts' consensus estimates of $1.95 by ($0.05). The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.09 billion. J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.The company's revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the firm posted $2.44 EPS. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS.

A number of other equities research analysts have also recently commented on SJM. Stifel Nicolaus lifted their price target on shares of J. M. Smucker from $106.00 to $110.00 and gave the stock a "hold" rating in a report on Tuesday, July 29th. JPMorgan Chase & Co. lowered their price target on shares of J. M. Smucker from $129.00 to $126.00 and set an "overweight" rating on the stock in a report on Thursday, August 28th. Morgan Stanley lifted their price target on shares of J. M. Smucker from $115.00 to $118.00 and gave the stock an "overweight" rating in a report on Monday, August 18th. UBS Group lowered their price target on shares of J. M. Smucker from $130.00 to $121.00 and set a "buy" rating on the stock in a report on Thursday, August 28th. Finally, Bank of America lowered their price target on shares of J. M. Smucker from $120.00 to $118.00 and set a "neutral" rating on the stock in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, J. M. Smucker presently has a consensus rating of "Moderate Buy" and an average price target of $118.00.

J. M. Smucker Stock Performance

Shares of NYSE:SJM traded up $0.12 during mid-day trading on Wednesday, reaching $112.46. The company had a trading volume of 1,426,211 shares, compared to its average volume of 2,205,200. The company has a current ratio of 0.81, a quick ratio of 0.34 and a debt-to-equity ratio of 1.19. The firm has a market cap of $12.00 billion, a price-to-earnings ratio of -8.20, a PEG ratio of 7.76 and a beta of 0.27. The company's 50-day moving average price is $108.49 and its 200-day moving average price is $109.93. J. M. Smucker has a one year low of $93.30 and a one year high of $125.42.

J. M. Smucker Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, August 15th. This is a positive change from J. M. Smucker's previous quarterly dividend of $1.08. J. M. Smucker's payout ratio is presently -32.09%.

Insider Transactions at J. M. Smucker

In other J. M. Smucker news, Director Tarang Amin bought 1,050 shares of the stock in a transaction on Thursday, June 12th. The shares were acquired at an average price of $96.09 per share, with a total value of $100,894.50. Following the acquisition, the director directly owned 3,825 shares of the company's stock, valued at $367,544.25. The trade was a 37.84% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.24% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Tortoise Investment Management LLC increased its holdings in shares of J. M. Smucker by 87.0% in the first quarter. Tortoise Investment Management LLC now owns 215 shares of the company's stock worth $25,000 after purchasing an additional 100 shares during the period. Minot DeBlois Advisors LLC bought a new position in shares of J. M. Smucker in the fourth quarter worth $28,000. N.E.W. Advisory Services LLC bought a new position in shares of J. M. Smucker in the first quarter worth $30,000. Nova Wealth Management Inc. bought a new position in shares of J. M. Smucker in the second quarter worth $25,000. Finally, Cooksen Wealth LLC bought a new position in shares of J. M. Smucker in the first quarter worth $33,000. Institutional investors own 81.66% of the company's stock.

About J. M. Smucker

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.